MOVFManagement of Value? Foundation
99 Questions and Answers Experienced specialists selected 99 questions for this exam. All answers are verified to ensure correctness.
Last Updated Apr 19, 2024 Ace your exams with our consistently updated MOVF exam dumps.
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MOVF Online Practice Questions and Answers
Which is part of the Information or Analysis phase of the Value Engineering Job Plan?
A. Presenting recommendations for improving value
B. Understanding the purpose of the Study
C. Brainstorming ideas to improve value
D. Developing Value Improving Proposals
Which statement regarding a Value Improving Proposal is true?
A. It provides information to feed into the MoV Policy
B. It is an idea-generation technique
C. It is based on detailed analysis of selected ideas or options
D. It is developed before an Option Evaluation Matrix
Which of the following cost types would be considered in calculating discounted cash flow?
1.
Capital or one off costs
2.
Periodic maintenance costs
3.
Regular operational costs
4.
Opportunity costs
A. 1, 2, 3
B. 1, 2, 4
C. 1, 3, 4
D. 2,3, 4
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